The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

Tennessee is one of 13 states that still have a grocery tax. Bucause of this many folks cross the border to shop in Georgia ...

Unrelated business income (UBI) is generally triggered when exempt organizations derive income from business activities that ...

How is it possible that Congress would deliberately come up with a new way to tax a non-profit organization. The name says it ...

Republican Sen. Chuck Grassley of Iowa and Democrat Sen. Elizabeth Warren of Massachusetts joined forces to call on the IRS to crack down on hospitals that abuse their non-profit status. Their ...

The nation's nearly 3,000 nonprofit hospitals collected billions in tax breaks but paid less than half that amount in charity care to low-income patients. Nonprofit hospitals have a de facto pact ...

Nonprofit entities with a 501(c)3 status are generally exempt from paying income tax. However, the IRS maintains an exception to this rule. Nonprofits must pay income tax on income that is ...

A watchdog group is challenging the tax-exempt status of a nonprofit that’s raked in cash from Chinese government-linked sources. The Center to Advance Security in America (CASA) filed a complaint ...

Forming and governing a nonprofit involves more than just filing paperwork and assembling the board. While the mission to ...

IRS Financial Guidelines for a Non-Profit Day Care Center. The Internal Revenue Service grants tax-exempt status, under Chapter 501(c) of the Internal Revenue Code, ...

Organizations that qualify for federal tax-exempt status are, by law, exempt from paying property taxes in all 50 states. The value of the exemption depends on the size and nature of the real ...

The nonprofit, which sells building materials and home furnishings pulled from deconstructed homes, and its CEO, Mark Foster, were both fined $22,000 last year after the IRS found they “aided ...